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M&A/Investment

Continental Resources, Inc. announced that Founder and Chief Executive Officer, Harold Hamm will step up to the role of Executive Chairman. Read more

M&A/Investment

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REUTERS/Loren Elliott

Chevron says it is looking to sell its 50 percent stake in the Kitimat LNG Project in British Columbia. Read more

M&A/Investment

Energy Transfer expands vast pipeline network and acquires strategic position on the Houston Ship Channel. Read more

M&A/Investment

Saudi Aramco

Reuters

Institutional investors have put in $38.4 billion worth of bids for Saudi Aramco’s planned initial public offering. Read more

M&A/Investment

Refinery

Trong Nguyen

Husky Energy has closed the sale of its 12,000 barrel-per-day Prince George Refinery to Tidewater Midstream and Infrastructure for $215 million in cash, plus a closing adjustment of approximately $53.5 million. Read more

M&A/Investment

U.S. and local officials are opposing the sale procedure for the bankrupt Philadelphia Energy Solutions oil refinery, arguing the plan discourages bidders and keeps the city locked out of the process, according to federal court filings. Read more

M&A/Investment

Equinor has signed an agreement to divest to Repsol its 63% interest in, and operatorship of, its onshore business in the Eagle Ford in the US state of Texas. Read more

M&A/Investment

The public sale of shares in the world’s biggest oil exporter will be the first time since the 1970s that private and foreign investors will have been able to own a stake in the Gulf’s upstream oil and gas assets. Read more

M&A/Investment

Total oil & gas industry M&A deals in September 2019 worth $16.81bn were announced globally. Read more

M&A/Investment

The supergiant ACG field is Azerbaijan’s flagship oil producing asset covering 400 square kilometers and including six off-shore production platforms. Read more

M&A/Investment

Saudi Aramco

Reuters

Saudi Arabia’s giant state oil company finally kick-started its initial public offering (IPO) on Sunday. Read more

M&A/Investment

Kraton Corporation today announced that it has agreed to sell its CariflexTM business unit to Daelim Industrial Co., Ltd. for a purchase price of $530 million. Read more

M&A/Investment

Exxon Mobil Corp is seeking a potential buyer for its roughly 60,000 barrel per day Billings, Montana refinery. Read more

M&A/Investment

Parsley Energy agreed to buy smaller peer Jagged Peak Energy in an all-stock deal valued at $1.62 billion, adding acreage in an oil-rich part of the top U.S. shale basin. Read more

M&A/Investment

BASF Venture Capital and Canada’s TELUS Ventures are among the lead investors in a series B investment round for British startup Hummingbird Technologies, a global leader in advanced crop analytics. Read more

M&A/Investment

Chart Industries Inc. recently made a strategic investment in Stabilis Energy Inc. of up to $7 million for up to 9 percent of common equity. The actual investment and ownership will be determined by an agreed-upon formula at closing. Read more

M&A/Investment

Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. Read more

Upstream

The move adds a range of licensed technologies and additional engineering resources to Sulzer’s existing process plant design, construction and commissioning capabilities to provide an outstanding offering to process industries worldwide. Read more

M&A/Investment

Husky Energy today announced it has reached an agreement for the sale of its Prince George Refinery to Tidewater Midstream. Read more

M&A/Investment

Occidental remains on track to deliver $10 to $15 billion of planned asset sales and remains confident in its deleveraging strategy. Occidental will continue to take actions to drive value for all of the Company’s stakeholders. Read more

M&A/Investment